A new workflow generates probabilistic history-matches and production forecasts for any decline-curve model while incorporating variable BHP conditions. It provides fast history matches and forecasts of shale gas wells more accurately than traditional DCA while quantifying model uncertainty. The primary value added is an innovative method for probabilistic variable-pressure DCA.
The writing is on the wall for UK shale gas. Though it would be a boon for the economy, the public remain firmly opposed to development. [Gas in Transition, Volume 2, Issue 2]